Section 82 - Nature of shares or debentures. - Companies Act, 1956

PART IV SHARE CAPITAL AND DEBENTURES Nature, numbering and certificate of shares Nature of shares [1] [or debentures]. 82. The shares [2] [or debentures] or other interest of any member in a company shall be movable property, transferable in the manner provided by the articles of the company. --------------------------------- Notes:- [1] Inserted by the Companies (Amendment) Act, 1999, w.r.e.f. 31-10-1998. [2] Inserted by the Companies (Amendment) Act, 1999, w.r.e.f. 31-10-1998.